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Assuming a firm's current ratio is currently 2.0, which of the following actions will increase the firm's current ratio? a) purchasing inventory with cash b)

Assuming a firm's current ratio is currently 2.0, which of the following actions will increase the firm's current ratio?

a) purchasing inventory with cash

b) purchasing inventory with short-term credit

c) paying off a short-term bank loan with a long-term debt

d) a customer paying a ill from a recent credit sale to the customer

e) all of the other response options will increase the current ratio

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